--- title: A Decade in Review - The Effects of Climate Change description: Dana looks back at the impacts of a decade of climate change. image: https://insights.danainvestment.com/hubfs/Dana-Blog-59-LinkedIn.png --- - [Home](https://www.danainvestment.com/) - About Us - [Who We Are](https://www.danainvestment.com/who-we-are/) - [Who We Serve](https://www.danainvestment.com/who-we-serve/) - [Our Responsibilities](https://www.danainvestment.com/our-responsibilities/) - [Meet The Team](https://www.danainvestment.com/meet-the-team/) - [History](https://www.danainvestment.com/history/) - [Awards](https://www.danainvestment.com/awards/) - Our Services - [Overview](https://www.danainvestment.com/overview/) - [Equity Strategies](https://www.danainvestment.com/strategy-assignment/equity-strategies/) - [Fixed Income Strategies](https://www.danainvestment.com/strategy-assignment/fixed-income-strategies/) - [Wealth Management](https://www.danainvestment.com/strategy-assignment/wealth-management/) - Insights - [The Dana Viewpoint](https://www.danainvestment.com/category/the-dana-viewpoint/) - [News & Updates](https://www.danainvestment.com/content-library-category/news-updates/) - [Content Library](https://www.danainvestment.com/content-library-category/content-library/) - [Resources](https://www.danainvestment.com/resources/) - [Contact](https://www.danainvestment.com/contact/) - [Stay Informed](https://www.danainvestment.com/stay-informed/) [![Dana Investment](https://insights.danainvestment.com/hs-fs/hubfs/raw_assets/public/DanaInvestment_May2023/images/mobile-logo.png?width=300&height=76&name=mobile-logo.png "Dana Investment")](https://www.danainvestment.com/) - About Us - [Who We Are](https://www.danainvestment.com/who-we-are/) - [Who We Serve](https://www.danainvestment.com/who-we-serve/) - [Our Responsibilities](https://www.danainvestment.com/our-responsibilities/) - [Meet The Team](https://www.danainvestment.com/meet-the-team/) - [History](https://www.danainvestment.com/history/) - [Awards](https://www.danainvestment.com/awards/) - Our Services - [Overview](https://www.danainvestment.com/overview/) - [Equity Strategies](https://www.danainvestment.com/strategy-assignment/equity-strategies/) - [Fixed Income Strategies](https://www.danainvestment.com/strategy-assignment/fixed-income-strategies/) - [Wealth Management](https://www.danainvestment.com/strategy-assignment/wealth-management/) - Thought Leadership - [Insights](https://insights.danainvestment.com/blog) - [The Dana Viewpoint](https://www.danainvestment.com/category/the-dana-viewpoint/) - [News & Updates](https://www.danainvestment.com/content-library-category/news-updates/) - [Content Library](https://www.danainvestment.com/content-library-category/content-library/) - [Resources](https://www.danainvestment.com/resources/) - [Contact](https://www.danainvestment.com/contact/) - [Stay Informed](https://www.danainvestment.com/stay-informed/) [![Dana Investment Advisors](https://insights.danainvestment.com/hs-fs/hubfs/raw_assets/public/DanaInvestment_May2023/images/header-logo.png?width=300&height=76&name=header-logo.png "Dana Investment Advisors")](https://www.danainvestment.com/) MENU CLOSE ![](https://insights.danainvestment.com/hubfs/raw_assets/public/DanaInvestment_May2023/images/search-image.png) # A Decade in Review - The Effects of Climate Change Published on Dec 11, 2019, 12:50:07 PM As part of a 3-part blog series covering the most memorable changes from the 2010s, our 2nd post covers the effects of climate change. If you are interested in reading the first part in this Decade in Review series, *Central Banks Take the Wheel*, please see link below. #### Climate Change In mid-November the city of Venice, Italy experienced its worst flood in over fifty years.  Fueled by rising ocean waters, drudged canals and 75 mile-per-hour winds, the brackish waters of Laguna Veneta rose six feet above normal levels, flooding over 80% of the city.  The flood waters caused an estimated $1.1 billion in damages.  Included in that estimate is considerable damage done to St. Mark’s Cathedral whose crypt flooded for the first time since 1966. The Venice floods were perhaps a fitting (if not surprising) closure to a decade that witnessed the increasing environmental and economic impacts of our changing climate.  Over the last ten years we have experienced seven of the warmest years on record.  (See table below). #### Top 10 Warmest Years (1880 - 2018) [![Top Ten Warmest Years on Record by NOAA](https://insights.danainvestment.com/hs-fs/hubfs/Blog%20Images/top%20ten%20warmest%20years.jpeg?width=600&name=top%20ten%20warmest%20years.jpeg)](https://insights.danainvestment.com/hubfs/Blog%20Images/top%20ten%20warmest%20years.jpg)*Source: NOAA* Higher temperatures fueled 18 category 4 and 5 hurricanes in the 2010s which caused an estimated $300 billion in damages.  Our planet’s decade of warming also led to accelerated glacier melt.  200 billion tons of ice fall into the ocean annually, a rate that is triple that of ten years ago and leads to a half-millimeter annual rise in ocean levels.  Antarctica alone lost 219 billion tons of ice per year from 2012-2017.  (See picture below). [![Antarctic Ice Sheet Contribution to Global Sea Level](https://insights.danainvestment.com/hs-fs/hubfs/Blog%20Images/atarctic%20ice%20sheet.jpg?width=600&name=atarctic%20ice%20sheet.jpg)](https://insights.danainvestment.com/hubfs/Blog%20Images/atarctic%20ice%20sheet.jpg) At Dana we believe in environmental stewardship.  Our Social, Catholic and Carbon Sensitive environmental, social and governance (ESG) strategies are managed with consideration given to a company’s climate change impact and environmental policies.  We vote our proxy for proposals to adopt quantitative renewable energy goals, that limit global warming to 2°C and adopt active recycling strategies. If you are interested in learning more about our ESG strategies, please [contact us](https://www.danafunds.com/contact-us/).  ##### Read the first blog in this series: “[A Decade in Review - Central Banks Take the Wheel](https://insights.danainvestment.com/blog/2010s-a-decade-in-review-central-banks-take-the-wheel)” [![Sign up to be notified when we release our blog: How Mobile Has Changed Our World](https://no-cache.hubspot.com/cta/default/4730491/3012b1aa-f9b7-45b6-bd22-e769dc53fb87.png)](https://cta-redirect.hubspot.com/cta/redirect/4730491/3012b1aa-f9b7-45b6-bd22-e769dc53fb87) Tags: [Small Cap](https://insights.danainvestment.com/blog/tag/small-cap), [Large Cap](https://insights.danainvestment.com/blog/tag/large-cap), [Value Investing](https://insights.danainvestment.com/blog/tag/value-investing), [ESG](https://insights.danainvestment.com/blog/tag/esg), [Year in Review](https://insights.danainvestment.com/blog/tag/year-in-review) [Back to Blog](https://insights.danainvestment.com/blog) - [Tweet](https://twitter.com/share) ## Related Articles ## [These Stats Capture How Fast ESG Is Taking Hold](https://insights.danainvestment.com/blog/these-stats-capture-how-fast-esg-is-taking-hold) While anyone with a passing investing interest would acknowledge ESG investing is growing in... 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[Read More](https://insights.danainvestment.com/blog/spearheading-change-principles-for-responsible-investment) [![Dana investment Advisors](https://insights.danainvestment.com/hs-fs/hubfs/raw_assets/public/DanaInvestment_May2023/images/footer%20logo.png?width=300&height=76&name=footer%20logo.png "Dana investment Advisors")](https://www.danainvestment.com/) - - © 2026 Dana Investment|[Privacy Policy](https://www.danainvestment.com/privacy-policy) [![Ultra](https://insights.danainvestment.com/hubfs/raw_assets/public/DanaInvestment_May2023/images/bottom-image.svg "Ultra")](https://ultradesignagency.com/) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Dana Funds Investment Team", "url" : "https://insights.danainvestment.com/blog/author/dana-funds-investment-team" }, "dateModified" : "2020-01-08T22:17:00.806Z", "datePublished" : "2019-12-11T17:50:07.000Z", "headline" : "A Decade in Review - The Effects of Climate Change", "image" : [ "https://insights.danainvestment.com/hubfs/Dana-Blog-59-LinkedIn.png" ], "mainEntityOfPage" : { "@id" : "https://insights.danainvestment.com/blog/2010s-a-decade-in-review-the-effects-of-climate-change", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://insights.danainvestment.com/hubfs/Logos/Dana-Investment-Adisors-Logo.png" }, "name" : "Dana Investment Advisors" } } ```